Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1272

Giving and cancelling director identification numbers

             (1)  The Registrar must, by notifying a person who has applied under section 1272A, give the person a director identification number if the Registrar is satisfied that the person's identity has been established.

          (1A)  The Registrar may make a request of the person under subsection (5) for the purposes of satisfying the Registrar that the person's identity has been established.

             (2)  The Registrar must make a record of the person's director identification number.

             (3)  The Registrar may, by notifying a person, cancel the person's director identification number if:

                     (a)  the Registrar is no longer satisfied that the person's identity has been established; or

                     (b)  the Registrar has given the person another director identification number.

             (4)  If:

                     (a)  at the time the person is given a director identification number under this section, the person is not an eligible officer; and

                     (b)  the person does not, within 12 months after that time, become an eligible officer;

the person's director identification number is taken to have been cancelled at the end of the 12 month period.

             (5)  The Registrar may request, but not compel, the person:

                     (a)  if the person has a tax file number--to give the Registrar a written statement of the person's tax file number; or

                     (b)  if the person does not have a tax file number:

                              (i)  to apply to the Commissioner of Taxation for a tax file number; and

                             (ii)  to give the Registrar a written statement of the person's tax file number after the Commissioner of Taxation has issued it.



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